May 7, 2021 | Business Valuation, Fast-food restaurant, Valuation Multiples
The fast-food industry includes restaurants where customers pay for quick-service food before eating. Orders may be eaten on-site, taken out, or delivered. Most businesses also sell beverages such as water, juice, and soda but not usually alcohol. In general, a...
May 5, 2021 | Business Appraisal, Business Valuation, Fast-food restaurant
Due to the recent pandemic, this industry saw a dramatic impact. While some fast-food restaurants fared well and, in some cases, even saw increased growth, others shut down for extended periods of time. In 2021, the industry has begun to rebound and by 2022, it is...
Apr 30, 2021 | Business Valuation, Day Care, Valuation Multiples
The daycare industry includes businesses primarily providing daycare for infants and children. There are nearly 683,000 daycare centers operating in the United States. This industry generates over $55B in annual revenue. Thus, this industry is highly fragmented with...
Apr 29, 2021 | Business Valuation, Day Care, Small Business
The daycare center industry is on the rise. With more individuals and households having two income earners, the need for daycare services continues to increase. Nearly 50% of the industry includes small daycare centers – those with less than 25 employees. This...
Apr 20, 2021 | Business Appraisal, Business Valuation, Exit Planning, Exit Strategy, Small Business
Exit planning affects your business. In Dr. Stephen R. Covey’s The 7 Habits of Highly Effective People, Covey instructs the reader to envision attending their own funeral. What would you want others to say about you? What would you want the sum of your life’s...
Apr 15, 2021 | Business Valuation, Plumbing, Valuation Multiples
The plumbing industry includes businesses and contractors installing and maintaining plumbing fixtures, fittings, and equipment. The growth of the plumbing industry is primarily dependent on the growth of the U.S. construction market, and overall economic health. In...